Jubilee Metals Group PLC has chosen a preferred purchaser for its Large Waste Project with a total acquisition value of $35 million. This follows two binding offers received earlier in August. The transaction will undergo a two-stage due diligence process, expected to complete the first stage within about ten days. Payment will be made over three years, with an option to accelerate to two years for a reduced total price of $30 million. This sale replaces a previous $6.75 million deal for 10 million tonnes of waste material and aligns with Jubilee's strategy to focus capital on its core mining and processing operations in Zambia.
Priority Technology Holdings is being taken private in a $1.6 billion deal led by its Chairman and CEO, Thomas Priore. The acquisition price is $8.05 per share, matching the analyst price target set by Lake Street, which downgraded the stock to 'Hold...
General Mills is set to report its Q3 2026 earnings with an expected 16.3% decline in earnings per share to $0.72 and revenue forecast around $4.35 billion, down from last year. Despite these declines, the company reaffirmed its full-year adjusted EP...
Boeing is experiencing ongoing production challenges with its 737 MAX aircraft, causing delays and a recent 3.7% stock drop. Jefferies lowered its price target to $265, still implying a 32% upside from current prices, reflecting cautious optimism. Ba...
Elemental Royalty Corporation has agreed to acquire a $290 million portfolio of precious metals streams and royalties from Orion Mine Finance, boosting its revenue, scale, and exposure to producing assets in North America. Concurrently, Elemental is ...
Jefferies downgraded eBay to 'Underperform' and lowered its price target to $75 from $80 due to expected earnings pressure and slowing advertising revenue growth. The broker cut its 2027 and 2028 EBITDA estimates below consensus, highlighting a trend...
